Choice Properties Real Estate Investment Trust

Common Name
Choice Properties
Country
Canada
Sector
Real Estate
Industry
REIT - Retail
Employees
285
Ticker
CHP.UN
Exchange
TORONTO STOCK EXCHANGE
Description
Choice Properties Real Estate Investment Trust is a Canadian-based real estate investment trust focused on owning, managing, and developing a diversified portfolio of retail, industrial, and commercia...

Choice Properties's GHG Emissions Data Preview

In 2024, Choice Properties completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Choice Properties has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Choice Properties's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Choice Properties amounted to 10,430 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Choice Properties decreased by 1.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Choice Properties's Scope 1 Emissions Over Time

201820192020202120222023202403 k6 k9 k12 ktCO2e-58%+10%+4%-2%+2%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Choice Properties's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Choice Properties were 5,150 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Choice Properties reduced its Scope 1 emissions over time?

Since 2018, Choice Properties's Scope 1 emissions have decreased by 54.42%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Choice Properties's Scope 1 emissions decreased by 4.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Choice Properties's Scope 2 emissions?

In 2024, Choice Properties reported Scope 2 greenhouse gas (GHG) emissions of 1,210 tCOâ‚‚e using the market-based method, and 5,280 tCOâ‚‚e using the location-based method.

Has Choice Properties reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Choice Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Choice Properties 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Choice Properties use for Scope 2 reporting?

In 2024, Choice Properties reported its Scope 2 emissions using the market-based method and using the location-based method.

Choice Properties's Scope 2 Emissions Over Time

201820192020202120222023202408.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Choice Properties's Value Chain Emissions

In 2024, Choice Properties reported 422,830 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Choice Properties includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Choice Properties's Scope 3 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e+134911%-9%-1%-2%+2%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Choice Properties's Scope 3 emissions?

In 2024, Choice Properties reported total Scope 3 emissions of 422,830 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 3.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.68% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Choice Properties reduced its Scope 3 emissions over time?

Since 2018, Choice Properties's Scope 3 emissions have increased by 114,178.38%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Choice Properties's Scope 3 emissions remained relatively stable, indicating that Choice Properties 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Choice Properties disclose?

In 2024, Choice Properties reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Choice Properties's Scope 3 emissions?

In 2024, the largest contributors to Choice Properties's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 408,800 tCOâ‚‚e (96.68%)
  • Purchased Goods and Services (Cat. 1): 14,030 tCOâ‚‚e (3.32%)

Choice Properties's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(96.7%)Purchased Goods andServices (Cat. 1)(3.3%)

Insights into Choice Properties's Total Carbon Footprint

In 2024, Choice Properties reported a total carbon footprint of 433,260 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.44% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Choice Properties's total carbon footprint was Scope 3 emissions, accounting for 97.59% of the company's total carbon footprint, followed by Scope 2 emissions at 1.22%.

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